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Challenges that young entrepreneurs face in Singapore There is a Chinese saying: “万事起头难”, which means that in everything and whatever you do, it is always the hardest from the beginning. Needless to say, the same goes for everyone, business owners or anyone starting a business. For young entrepreneurs, the challenges they face might somewhat be more daunting than […]

ACRA launched new initiative Bizfinx to replace current system The Accounting and Corporate Regulatory Authority of Singapore (ACRA) has launched a new initiative to enhance the dissemination of comprehensive business information to the business community through the implementation of BizFinx to replace the current FS Manager. The enhanced BizFinx system includes a new free BizFinx offline filing tool for companies […]

Why All Small Businesses Should Take Bank Loans – Published 13 Nov 2012, Business Times by Jonas Wulff Moller All businesses have a shelf life, especially small businesses due to manager importance and the business is only viable with the owner’s knowledge, effort and financing. Manager importance makes small businesses hard to understand for a potential third […]

What is a Private Limited Company in Singapore? A company is a business entity registered under Chapter 50 of the Companies Act in Singapore. It has a legal personality i.e. it has rights to own properties, has perpetual succession and can sue or be sued in its own name. It usually has the […]